Webinar: Taxation of Judgements and Settlements

WB4892  |  Course  |  Basic  |  Scheduled

Description

In the course of legal actions, payments may be made pursuant to a final disposition of a court case or a mutually agreed-upon settlement. This cours

Credits

Number of Credits Type of Credits
2.40 Taxes

Designed For

This course is suitable for Corporate tax and finance executives, directors, managers and staff, CPAs, CAs Enrolled Agents, accountants, attorneys and business/financial advisors who work with and advise businesses that have tax implications. All in-house and public practice tax professionals will benefit from this timely and insightful seminar.

Prerequisites

None

Highlights

Types of damages or remedies that can be awarded or agreed upon pursuant to litigation.

Review of the Internal Revenue Code and regulations governing the taxation of various types of litigation payments.
Suggestions for drafting pleadings or settlement agreements.

Objectives

Obtain a working knowledge of the IRC, Treasury Regulations and case law governing the taxation of litigation payments.

Be able to differentiate between the different types of damage payments and whether they are taxable to the recipient or deductible by the payor.
Be able to draft pleadings and agreements to order to allocate the payments among the different categories of damages. 
Have an ability to advise clients on the most advantageous manner of categorizing settlement payments. 

Preparation

None

Notes

This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.

Prices

Member (Early Bird)
$79.00
Non-Member (Early Bird)
$109.00
Member
$79.00
Non-Member
$109.00
Your Price: $109.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $30.00 on this event. Not a member? join today.